LaFleur Minerals Inc. reports exploration and development updates for gold assets in Québec's Abitibi Gold Belt. Company news centers on drilling at the Swanson Gold Project, mineral resource and technical-report disclosures, and work related to the 100%-owned Beacon Gold Mill near Val-d'Or.
Recurring developments also include leadership and operating-capacity updates as the company advances a mine-to-mill gold strategy, along with announcements tied to capital structure, governance matters, shareholder actions, material agreements, and operating or financial results.
LaFleur Minerals (OTCQB:LFLRF) announced steps to advance its position in Québec's Abitibi Gold Belt on March 12, 2026. Key developments include a positive Preliminary Economic Assessment (PEA) for the Swanson Gold Project, confirmed strong drilling results, and ongoing refurbishment at the fully permitted Beacon Gold Mill.
Together these items reflect a strategy to combine exploration gains with existing infrastructure as the company pursues a restart of gold production amid rising gold prices.
LaFleur Minerals (OTCQB: LFLRF) announced a PEA for the Swanson Gold Deposit and Beacon Gold Mill showing a low-capex, rapid-payback project. Base-case economics use US$2,750/oz gold, delivering an after-tax IRR of 65%, NPV(5%) of C$101M, and 1.8-year payback.
The study cites initial capital of C$31M, 1AISC of US$1,569/oz, a 2026 MRE with 160.3 koz indicated and 66.8 koz inferred, a staged mill expansion to 1,250 tpd (C$15M), and a rail-linked mine-to-mill model lowering transport costs (C$5/t vs C$15/t trucking).
LaFleur Minerals (OTCQB:LFLRF) reports progress toward restarting the 100%-owned Beacon Gold Mill in Val-d'Or, Québec, with ~30% of the refurbishment budget spent and >$20 million of prior upgrades already completed. Mill refurbishments, electrical winterization, safety upgrades, and mechanical repairs are advancing, and a PEA is targeted for March 2026. Recent Swanson drilling includes 2.05 g/t Au over 158.25 m and 121.0 g/t Au over 1.1 m, supporting potential mill feed and near-term production planning.
LaFleur Minerals (CSE: LFLR / FSE: 3WK0 / OTC: LFLRF) granted 1,000,000 incentive stock options to management and consultants on February 5, 2026. The options are exercisable at $0.50 per share for a three-year term and were issued under the company stock option plan.
LaFleur Minerals (OTCQB: LFLRF) reported assay results from 12 validation holes and 28 regional holes at the Swanson Gold Project on February 4, 2026. Key highlights include 2.05 g/t Au over 158.25 m and multiple high-grade inclusions up to 121.0 g/t Au over 1.1 m.
The validation program (2,619 m) supports continuity, long near-surface intercepts, improved deposit modeling, and informs a Preliminary Economic Assessment due next month; regional drilling shows shallow satellite targets near the Beacon Gold Mill.
LaFleur Minerals (OTC: LFLRF) amended and upsized its non-brokered private placement to up to 9,000,000 Units at $0.50 each for gross proceeds up to $4,500,000 (the "LIFE Offering"). Each Unit includes one common share and one warrant exercisable at $0.75 until 36 months after closing. Warrants will no longer have an accelerated expiry. Proceeds are earmarked for commissioning and restarting the Beacon Gold Mine and Mill, work at the Swanson Gold Project in Quebec, and general working capital.
The company also confirmed unchanged terms for its previously announced flow-through offering and expects closing on or about Dec 31, 2025. Finder fees of 7% cash plus broker warrants equal to 7% of Units will be paid.
LaFleur Minerals (OTCQB:LFLRF) was featured in an editorial on December 11, 2025 highlighting its position as an explorer moving toward production. The piece notes the company owns a fully permitted, modernized gold mill in Québec’s Abitibi, broad land holdings, and an advancing flagship deposit, which management frames as positioning LaFleur further along the explorer-to-producer curve than many peers. The editorial argues this transition can reduce operational risk and create potential for meaningful cash flow and value rerating for investors.
LaFleur Minerals (OTCQB:LFLRF) announced placement of an editorial published by MiningNewsWire on December 9, 2025, highlighting the value shift when mining companies move from exploration to production.
The piece notes LaFleur owns a fully permitted, refurbished gold mill in Québec’s Abitibi region, holds a district-scale land position, is advancing a flagship deposit, and has near-term production plans. The editorial frames LaFleur as positioned ahead of peers still in early development and suggests the company could offer leverage to an explorer-to-producer inflection point that historically drives re-rating for miners.
LaFleur Minerals (OTCQB: LFLRF) launched a 10-hole twinned confirmation drilling program at the Swanson Gold Deposit (Val-d'Or, Québec) to validate historical results, supply core for ore-sorting and metallurgical tests, and feed an updated Mineral Resource Estimate and a PEA being prepared by ERM. Historical Swanson drilling totals 36,000 metres across 242 holes with notable intervals of 69.3 m @ 3.03 g/t Au and 51.0 m @ 3.46 g/t Au. LaFleur is also advancing recommissioning of the 750 tpd Beacon Gold Mill (modernized for $20 million in 2022) with 10,000–20,000 t of stockpiles slated for initial trials. The PEA timing depends on assay returns from the twinned holes.
LaFleur Minerals (OTCQB:LFLRF) launched a brokered private placement of gold-linked convertible notes to raise a minimum of $4.0M and up to $7.0M. Proceeds will fund general corporate purposes and operations, equipment and other costs to restart the Beacon Gold Mill near Val d'Or, Québec.
Key terms: unsecured notes convertible into common shares at $0.80 per share; 12% annual interest payable semi-annually; maturity on or about November 30, 2028; scheduled principal reductions from Jan 1, 2027 through final payment on Nov 30, 2028. A Gold Premium may be paid on each principal payment date tied to the London gold fix above USD $4,000 per ounce.
The Agent, FMI Securities, will receive a cash fee of 7% (4% for President's List) of gross proceeds and broker warrants equal to 7% (4% for President's List) of notes sold; Agent may upsize by $750,000. Securities subject to a 4-month+1-day hold period. Technical info approved by a NI 43-101 Qualified Person.